Applied Minerals Signs Agreement With Sigma-Aldrich Corporation to Distribute
Dragonite(TM) Halloysite Clay to Researchers Worldwide
NEW YORK, NY -- (Marketwired) -- 04/04/13 -- Applied Minerals, Inc.
(OTCQB: AMNL), the leading global producer of Halloysite Clay
solutions, today announced the signing of an agreement with
Sigma-Aldrich Corporation (NASDAQ: SIAL), a leading Life Science and
High Technology Company, to market and distribute Dragonite(TM)
Halloysite Clay to researchers worldwide through the Aldrich
Materials Science initiative.
Dragonite Halloysite Clay is a natural, biocompatible aluminosilicate
clay that possesses a unique tubular structure. Applications of the
material include high-value solutions for flame retardancy,
controlled release, environmental remediation, nanocomposites, as
well as many other areas. According to Bryce P. Nelson, Initiative
Lead for Aldrich Materials Science, "Over the past decade,
researchers have taken an increasingly strong interest in utilizing
the unique properties of this material to deliver environmentally
sustainable solutions in a growing number of high value applications.
The addition of Dragonite(TM) Halloysite clay expands Aldrich's
growing family of products developed for engineers and materials
scientists."
According to Andre Zeitoun, President and CEO of Applied Minerals,
Inc., "Sigma-Aldrich is the global leader in providing new materials
to the research market. Through operations in forty countries,
Sigma-Aldrich can provide researchers global access to our Dragonite
product. Improved availability of halloysite clay to researchers
worldwide can enable continued growth of the already impressive list
of publications citing Dragonite(TM) Halloysite Clay."
Under terms of the agreement, Aldrich Materials Science will market
and distribute research quantities of Dragonite(TM) Halloysite Clay,
while Applied Minerals will continue to market its halloysite clay
solutions to commercial customers through its domestic and
international sales network.
About Applied Minerals, Inc.: Applied Minerals is the leading
producer of Halloysite Clay solutions from its wholly-owned Dragon
Mine property in Utah. Halloysite is an aluminosilicate clay that
forms naturally occurring microscopic tubes. Ap
plied Minerals has
developed several high value applications that benefit from the
tubular morphology of its halloysite. These applications include
reinforcement and flame retardancy of plastics plus applications in
numerous other fields including coatings, adhesives, controlled
release and remediation. Additional information on the company can be
found on our company website at www.appliedminerals.com.
About Sigma-Aldrich: Sigma-Aldrich is a leading Life Science and High
Technology company whose biochemical, organic chemical products, kits
and services are used in scientific research, including genomic and
proteomic research, biotechnology, pharmaceutical development, the
diagnosis of disease and as key components in pharmaceutical,
diagnostics and high technology manufacturing. Sigma-Aldrich
customers include more than 1.3 million scientists and technologists
in life science companies, university and government institutions,
hospitals and industry. The Company operates in 38 countries and has
nearly 9,000 employees whose objective is to provide excellent
service worldwide. Sigma-Aldrich is committed to accelerating
customer success through innovation and leadership in Life Science
and High Technology. For more information about Sigma-Aldrich, please
visit its website at www.sigma-aldrich.com.
About Aldrich Materials Science: More information is available at
http://www.sigmaaldrich.com/materials-science.html.
Sigma-Aldrich is a registered trademark of Sigma-Aldrich Co. LLC.
Aldrich Materials Science is a trademark of Sigma-Aldrich Co. LLC.
Dragonite is a trademark of Applied Minerals, Inc.
Safe harbor statements under the Private Securities Litigation Reform
Act of 1995 for Applied Minerals, Inc.: Some statements contained or
implied in this news release may be considered forward-looking
statements, which by their nature are uncertain. Consequently, actual
results could materially differ. For more detailed information
concerning how risks and uncertainties could affect the Company's
financial results, please refer to Applied Minerals' most recent
filings with the SEC. The Company assumes no obligation to update any
forward-looking information.
Contact for Applied Minerals:
Jordan M. Darrow
Darrow Associates
631-367-1866
jdarrow@darrowir.com